21559 SW 87 CT, Cutler Bay, FL 33189

Parcel: 3660160032230 · Residential · Townhouse · Zoning: 3002

Assessed Value (2025)
$233,845

Property Details

Beds
2
Baths
2
Living Sqft
1,172
Year Built
1992
Lot Sqft
2,179
Stories
1
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
N/Anon-market transfer
2006-12-01
2
$38,300
2010-10-05
GLORIA MARTINEZ & PETER MARTINAURORA LOAN SERVICES LLC
3
$67,500+76%
2011-02-16
AURORA LOAN SERVICES LLCKIMBERLY CHAPMAN

Tax Assessment History

$233,845
Assessed (2025)
$321,000
Market Value
$233,845
Taxable Value
$4,761
Annual Tax
2024
$212,587
$321,000
2025
$233,845
$321,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $233,845 $321,000 $233,845 $4,761
2024 $212,587 $321,000 $212,587 $4,328

About 21559 SW 87 CT, Cutler Bay, FL 33189

21559 SW 87 CT, Cutler Bay, FL 33189 is a 2-bedroom, 2-bathroom residential - total value : townhouse built in 1992 with 1,172 square feet of living space on a 2,179 square foot lot. The property is currently owned by KIMBERLY CHAPMAN, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2011-02-16 for $67,500, when AURORA LOAN SERVICES LLC sold to KIMBERLY CHAPMAN. The property has appreciated $29,200 (76%) since the prior sale of $38,300 on 2010-10-05. There are 3 recorded sales for this property.

The 2025 assessed value is $233,845 with a market value of $321,000. The assessed value increased 10% from $212,587 in 2024. The median household income in this area is $110,766, and the median home value is $442,800.

The population density is 8,276 people per square mile. 21559 SW 87 CT, Cutler Bay, FL 33189 is located in Cutler Bay, Florida. Property records, tax assessments, sales history, and ownership information for this Cutler Bay property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2006 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 346% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $58 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
S1992036501 plumbing expired

Current Owner

KIMBERLY CHAPMAN
21559 SW 87 COURT, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,738 — $5,009
Flood $400 — $800
Property/Wind $2,338 — $4,209

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$110,766
Median Home Value$442,800
Pop. Density8,276/sq mi

Neighborhood 21559

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
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